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Daily transactions on the Solana blockchain rose sharply, while its Total Value Locked (TVL) hit $12 billion, reflecting a 212% weekly increase. Rising spot Solana ETF filings, including the recent by REX Shares and Grayscale, have fueled SOL’s price rally. Analysts expect SOL to break resistance near $260 and enter price discovery. While the rest…
Texas is making history by creating a state Bitcoin reserve, with Lieutenant Governor Dan Patrick prioritizing Senate Bill 21 for 2025. Other states like Pennsylvania, Ohio, Florida, and Wyoming are also exploring Bitcoin reserves, but Texas’ plan is the most ambitious. Bitcoin is seen as a hedge against inflation, and Texas aims to lead digital…
TMTG announced the launch of its FinTech brand Truth.Fi to expand into digital finance. The company plans to invest up to $250 million through Charles Schwab across various asset classes, including Bitcoin. Shares of TMTG surged more than 15% following the announcement. Trump Media and Technology Group (TMTG), the parent company of Truth Social, the…
Phemex exchange suffers major security breach with $69.1M stolen, representing the bulk of January’s crypto losses amid hot wallet vulnerability. BNB Chain emerges as the most targeted network with 50% of all recorded attacks, followed by Ethereum accounting for 25% of incidents. Despite monthly surge, year-over-year crypto theft shows 44.6% decrease from January 2024, indicating…
The Vivident’s leadership team has robust experience in the gaming industry with an unwavering zeal to build AI generative entertainment solutions. The launch of the MoeLive protocol will involve a simultaneous release in South Korea, Japan, and the United States by the end of the year. , a Singapore-based startup focused on developing AI-powered character…
TON-based marketplace Getgems says Telegram-based NFTs focuses more on utility, boosting their mainstream appeal. Telegram Gifts show positive momentum, hitting $1 million in pre-mint trading volume. It has not been a rosy period for non-fungible tokens () in a while, but TON-based marketplace Getgems remains unbothered. After what seemed to be a quiet year for…
The company maintains $13.6B portfolio focused on traditional sectors, rejecting crypto despite rumors of Saudi royal family involvement. Kingdom Holding’s position contrasts with major firms like Tesla and Microsoft accepting crypto payments, highlighting an institutional divide. UAE and El Salvador’s tax incentives fail to sway Kingdom Holding’s stance amid regulatory uncertainty and volatility concerns. Kingdom…
TON’s annualized realized volatility for 7 and 30 days has hit record lows. The token is in a period of stagnation, trading steadily at $5.17. Historically, low volatility often leads to sudden and major price movements. Toncoin has recently experienced a strikingly low volatility. According to “joaowedson”, the annualized realized volatility for the cryptocurrency over…
Hedera hopes that this partnership will make it easier to securely store, stake, and tokenize HBAR. Clear regulations in Europe, Asia, and other regions are supporting Hedera in its growth worldwide. The Hashgraph Association has taken a huge step forward towards achieving its broader aims and objectives, particularly for Hedera’s HBAR cryptocurrency . This follows…
One of the CFTC commissioners, Caroline Pham, has been named as the acting CFTC Chair, as per sources. CFTC Chair Rostin Behnam is stepping down today and February 7th will be his last day at CFTC. Pham has led several digital asset initiatives, including establishing a Digital Asset Markets subcommittee. A Great Record CFTC Chair…